Quick Breakdown KuCoin Pay teams up with DFX.swiss to introduce crypto payments at SPAR supermarkets across Switzerland. Shoppers can now complete in-store transactions via the KuCoin App using DFX’s OpenCryptoQR system. The launch includes a Swiss-exclusive cashback campaign offering up to 15 USDT in rewards. KuCoin Pay has entered a ...
UK-based finance brokerage GCEX has partnered with RULEMATCH, a Swiss cryptocurrency trading venue, to offer its institutional clients ultra-low latency spot cryptocurrency trading. Through this partnership, GCEX will function as a digital prime broker, offering hedge funds, brokers, and ETF/ETP providers access to RULEMATCH's central-limit order book (CLOB) quotes, anonymous ...
Dubai, Switzerland, and South Korea have been identified as the top global hubs for cryptocurrency businesses in 2024, according to a recent report by Social Capital Markets(SCM). SCM stated that it judged the countries based on five key parameters: clarity of laws, capital gains tax rate, corporate income tax rate, ...
The Spanish multinational banking giant BBVA has begun offering Circle’s USDC stablecoin to its high-profile clients in its Swiss division. BBVA’s institutional and private banking clients in Switzerland can now manage USDC alongside their traditional investments on a single platform, according to a recent press release by the bank. These ...
Zurich Cantonal Bank (ZFB), Switzerland's fourth-largest financial institution, has announced the launch of crypto-focused services for its customers. In a press release published on September 4, 2024, the bank detailed that these new services are fully integrated into its existing digital platforms, including ZKB eBanking and ZKB Mobile Banking. According ...
The Swiss National Bank (SNB) has announced an expansion of its pilot project for institutional central bank digital currencies (CBDCs). Antoine Martin, a governing board member of the SNB, revealed this development at the Point Zero Forum event in Zurich, Switzerland, as reported by Reuters on Wednesday, July 3. According ...
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have completed a collaborative experimental test focused on cross-border trading and settlement involving wholesale central bank digital currencies (CBDCs). According to a report published by the Banque de France on September 28, 2023, the experimental ...
